LUNC/USDT – 1H – BUYThe pair Terra Luna Classic/Tether (LUNC/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 0.000121000 will continue.
Caution: A possible counter-trend in the direction of support at 0.000101210 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 0.000121 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000121000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000130500 |
| Next High | 0.000121000 |
| Current Price | 0.000119170 |
| Next Low | 0.000101210 |
| 2nd Low | 0.000095050 |
| 3rd Low | 0.000091500 |